Tag Archives: minimum income requirement

Drawdown Rhetoric Should Be Capped

A tacit competition to find the individual whose drawdown income has fallen the most is raging like a hot new Olympic event. Some providers have then used this to argue that the way capped drawdown operates needs fixing. It’s straight … Continue reading

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For everything else, there’s flexible drawdown …

Just how flexible could flexible drawdown get? Once the Minimum Income Requirement (MIR) has been met, flexible drawdown comes with no limits on the amount that can be withdrawn or the frequency of withdrawals. What might pension – and in … Continue reading

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Capped drawdown or flexible drawdown?

When new drawdown pension options are made available by SIPP and other pension providers from 6th April 2011, financial planners will be helping some of their clients decide which is most suitable. a choice between capped and flexible access The … Continue reading

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Drawdown or annuity: do folks know what they are doing?

My e-friend (have I just coined a new phrase?) Henry Tapper recently¬†challenged how many people in drawdown really know what they are doing. Follow the link if you’d like to check it out for yourself. http://henrytapper.com/2010/11/06/you-dont-know-what-youre-doing/ If you’d prefer a … Continue reading

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